Mathilde SCHOTTE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Mathilde SCHOTTE
Largest movements
- Cash -€11,542
down €11,542 (-45.1%), from €25,594 to €14,052
mainly Contributions, distributions and other (-€18,061) and Receivables within one year (-€7,236)
- Receivables within one year +€7,236
up €7,236 (+12.7%), from €57,135 to €64,371
of which Other amounts receivable: +€5,287
- Reserves -€11,067
down €11,067 (-23.2%), from €47,765 to €36,698
of which Distributable reserves: -€11,067
- Other debts +€3,858
up €3,858 (+29.0%), from €13,300 to €17,158
- Tax, wage and social debts +€3,256
up €3,256 (+23.6%), from €13,780 to €17,036
- Gross operating margin -€6,556
down €6,556 (-36.9%), from €17,762 to €11,205
- Taxes -€2,566
down €2,566 (-35.8%), from €7,175 to €4,609
- Financial charges +€1,576
up €1,576 (+1459.3%), from €108 to €1,684
- Financial income +€180
up €180 (+9.4%), from €1,902 to €2,082
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,729 | €78,423 | -€4,306 | -5.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €82,729 | €78,423 | -€4,306 | -5.2% |
| Amounts receivable within one year | 40/41 | €57,135 | €64,371 | +€7,236 | +12.7% |
| Trade receivables | 40 | €21,364 | €23,313 | +€1,949 | +9.1% |
| Other amounts receivable | 41 | €35,771 | €41,058 | +€5,287 | +14.8% |
| Cash at bank and in hand | 54/58 | €25,594 | €14,052 | -€11,542 | -45.1% |
| Total equity and liabilities | 10/49 | €82,729 | €78,423 | -€4,306 | -5.2% |
| Equity | 10/15 | €54,238 | €43,171 | -€11,067 | -20.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,765 | €36,698 | -€11,067 | -23.2% |
| Non-distributable reserves | 130/1 | €865 | €865 | = | 0.0% |
| Reserves not available under the articles | 1311 | €865 | €865 | = | 0.0% |
| Distributable reserves | 133 | €46,900 | €35,833 | -€11,067 | -23.6% |
| Profit (loss) carried forward | 14 | €273 | €273 | = | 0.0% |
| Amounts payable | 17/49 | €28,491 | €35,252 | +€6,761 | +23.7% |
| Amounts payable within one year | 42/48 | €28,491 | €35,252 | +€6,761 | +23.7% |
| Trade debts | 44 | €1,411 | €1,059 | -€353 | -25.0% |
| Suppliers | 440/4 | €1,411 | €1,059 | -€353 | -25.0% |
| Taxes, remuneration and social security | 45 | €13,780 | €17,036 | +€3,256 | +23.6% |
| Taxes | 450/3 | €13,780 | €17,036 | +€3,256 | +23.6% |
| Other amounts payable | 47/48 | €13,300 | €17,158 | +€3,858 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €0 | -€31 | -100.0% |
| Gross operating margin | 9900 | €17,762 | €11,205 | -€6,556 | -36.9% |
| Operating profit (loss) | 9901 | €17,731 | €11,205 | -€6,525 | -36.8% |
| Financial income | 75/76B | €1,902 | €2,082 | +€180 | +9.4% |
| Recurring financial income | 75 | €1,902 | €2,082 | +€180 | +9.4% |
| Financial charges | 65/66B | €108 | €1,684 | +€1,576 | +1459.3% |
| Recurring financial charges | 65 | €108 | €1,684 | +€1,576 | +1459.3% |
| Profit (loss) for the period before taxes | 9903 | €19,525 | €11,603 | -€7,922 | -40.6% |
| Income taxes | 67/77 | €7,175 | €4,609 | -€2,566 | -35.8% |
| Profit (loss) for the period | 9904 | €12,350 | €6,994 | -€5,356 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,350 | €6,994 | -€5,356 | -43.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.